B - 1929-1939 Flashcards
May reports suggested cut to unemployment
20%
How Keynes described the ‘May Report’
‘foolish document’
Actual cut to benefit in 1931
10% and a means test
Lowered interest rates to help depression
2%
British exports fallen between 1929-1931
Fell by a half
Where unemployment reached in 1932
£3 million
Output of motor cars between ‘29-‘39
Doubled employing 400,000 people
Output of electricity ‘29-‘39
Electricity doubled
Tariff on non-empire goods
10%
Regional unemployment
- Merthyr Tyydfill
- Maryport
- Jarrow
Merthyr - 62% male
Maryport - 50% male
Jarrow - 70%
Extended regulations
7-11 million
Special Areas Act
£2 million
Average weekly rent
11 shillings a week
York Study
3/4 men lived in poverty, 10% unemployment since 1900
Increase of GDP from housing 1932-1934
1/3